The Thames water company has failed epically in many ways. By not meeting its obligations and allowing illogical calculations to slip through their fingers, they have in many ways been to blame for the disgusting over pollution of the Thames waterway. Filth and sewage have been huge unwelcome visitors to many events that must then be cancelled. Although they say they will make incremental changes over time, it seems like it is a little to late.

Key Takeaways:

  • Results from the UK’s biggest water company showed its international roster of investors decided to pay themselves a dividend shortly before it was fined a record £20 million for polluting the Thames
  • Thames repeatedly allowed untreated effluent to enter the river in Oxfordshire and Buckinghamshire in 2013 and 2014, making people ill and killing thousands of fish.
  • Thames says it has been reducing leaks by 100 million litres a day but recognises that it needs to do more.

“Thames Water’s shareholders took £100 million out of the business as the company was facing record fines for pollution and failing to hit leak targets, it emerged today.”

Read more: https://www.standard.co.uk/business/thames-water-pays-100m-divi-despite-big-fines-a3564811.html

 

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